Home » Hanafi Fiqh » Jamia Binoria » Is Pay Diamond Company Business permissible in Islam?

Is Pay Diamond Company Business permissible in Islam?

Answered as per Hanafi Fiqh by Jamia Binoria
Question: I want to know if Pay Diamond Company Business is an interest based business or is it permissible. Some of my friends take part in doing business with this company and they are telling me that I should join also, but first I want to be sure. Please guide me.

الجواب حامدا و مصلیا

It is clear that the method of the mentioned includes interest as well as many other things that is unapproved of as per Shari’ah, for which the scholars of Islam have determined that the method of the mentioned company is not permissible as per Shari’ah. For this reason, it is not proper for one to take part in doing business with this company, and it should be avoided.
And Allah knows best.

This Q&A was indexed from the official english fatwa portal of Jamia Binoria. It is an Islamic educational institute in Karachi, Pakistan.

Read answers with similar topics: